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Persistence XPRT Staking Guide by GPooL.io Validator (using Persistence web wallet)

Staking $XPRT requires the following:

Persistence (XPRT) Wallet Setup Guide (skip this step if already done)*

Note: Make to sure to back up & securely store your mnemonic seed words

2. You can Buy XPRT on these Exchanges AscendEx (formerly BitMax) or Gate

3. Transfer XPRT from Exchange to your Persistence wallet address

To Stake/Delegate your XPRT, follow these steps

For chosen Validator (GPooL.io) Click on Actions Button.

Click on Red Actions Button on right hand side.
CLICK ON RED ACTIONS BUTTON

Click on Delegate Button.

CLICK ON RED DELEGATE BUTTON

Specify the amount of tokens you are going to delegate. The Memo is optional. This is an additional parameter that will then be required to withdraw funds. Then click Next.

CLICK RED NEXT BUTTON

If this is the 1st instance of using your wallet you will get the below screen. Use downloaded Keystore File or enter your mnemonic seed to continue.

CLICK RED DELEGATE BUTTON

If this is the 1st instance of using your wallet you will get the below screen. Now click on Delegate.

CLICK RED DELEGATE BUTTON

Enter the amount you wish to Stake/Delegate *** Remember to leave 0.1 XPRT in your available balance ***

CLICK RED NEXT BUTTON

Enter your Persistence Wallet Password, then click Delegate

CLICK RED DELEGATE BUTTON

Done! You have successfully delegated XPRT; you will receive about 35% APR, Rewards are awarded on-chain approximately every 5 to 7 seconds.

CLICK DONE BUTTON

You have now successfully delegated to the GPooL.io Validator and will begin receiving staking rewards from the Persistence Network. Staking is 100% non-custodial. Meaning your Validator does not hold your XPRT & has no control over your assets even when delegated. Staking in this way leaves you in full control. You also have full rights to vote in on-chain governance. The potential but unlikely risks are Soft Slashes & Hard Slashes.

Please note that the unbonding period is 21 days. Once you unbond your XPRT from a validator, you will have to wait 21 days to be able to delegate your tokens again or transfer them.

Why Stake with GPooL.io Validator ?

GPooL.io uses commercial grade infrastructure. Ensuring the highest standards of protection & as close to 100% uptime as possible for our clients. GPooL has a team of blockchain experts that constantly monitors the state of the nodes. GPooL also offers a low fixed 4% commission giving our clients a very competitive & attractive APY.

Maximize Returns by Claiming Rewards Often & then Staking those Rewards to Compound your Returns.

Click Claim Button.

CLICK GREEN CLAIM BUTTON

Click Next Button.

CLICK RED NEXT BUTTON

Enter your Persistence Wallet Password, then click Claim Rewards Button.

CLICK RED CLAIM REWARDS BUTTON

After Claiming Rewards, they will be available in your wallet. You can now Delegate those Rewards to Maximize Returns. This is Compounding. Remember to Leave 0.1 XPRT in your Available Balance at All Times, this ensures you can pay for Claiming Transactions, & New Delegation Transactions for example.

NOTE: ADDING TO AN EXISTING DELEGATION

If you Delegate to the Validator you already Delegated to, the accumulated rewards will be automatically withdrawn & deposited into your available balance.

How to Redelegate from another Validator to GPooL.io ?

Please note that the unbonding period is 21 days. Once you unbond your XPRT from a validator, you will have to wait 21 days to be able to delegate your tokens again or transfer them. If you want to change Validator / Redelegate there is no need to undelegate, it is instant once the Redelegate transaction has been made. Note*- You can only Redelegate once during a 21 day period.* See below for Redelegate instructions.

Step 1: Click Your Current Validator and “Redelegate”

CLICK RED REDELEGATE BUTTON

Step 2: Confirm New Validator and Redelegation Amount

After you click on “Redelegate” a window will appear asking which validator you would like to redelegate to and how many XPRT tokens you would like to delegate to the selected validator.

Select your chosen validator and enter the amount of XPRT tokens you wish to delegate to the new validator.

Enter the amount you wish to Stake/Delegate, Click Next Button *** Remember to leave 0.1 XPRT in your available balance to cover transaction fees ***

CLICK RED NEXT BUTTON

Enter Wallet Password, Click Red Redelegate BUTTON.

CLICK RED REDELEGATE BUTTON

Congratulations ! you have now Redelegated your stake to GPooL.io Validator.

📧 For further assistance please contact support@gpool.io

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